Home » NEWS » Economic Development (page 3)

Economic Development

Kemper makes electricity, but more work, cost review ahead

More than $4 billion over budget and more than two years late, Mississippi Power Co. announced Tuesday that its $7.1 billion Kemper County plant is finally making electricity from gasified lignite coal. “Everybody is very excited at the site and across the company,” spokesman Jeff Shepard said. “It’s the biggest milestone we’ve had so far.” But the unit of Atlanta-based ...

Read More »

Bills to abolish agency for arts may be in trouble

By BOBBY HARRISON / Daily Journal The agency that promotes, fosters and grows Mississippi’s artistic heritage would be eliminated under bills pending in the Mississippi Legislature. But late Monday, various sources indicated that bills dealing with the elimination of the agency might die today – the deadline for the bills to be passed out of committee to remain alive. “They are ...

Read More »

Study concludes state losing up to $122 million by not taxing remote sales

By BOBBY HARRISON / Daily Journal Mississippi lost between $105.6 million and $122.7 million in tax revenue in 2016 by people making remote purchases, such as through catalogs or on the internet, where they did not have to pay taxes, according to a new study by the University Research Center. Of that lost revenue, between $56.4 million and $67.8 million was ...

Read More »

Smaller states rejoice as Amazon finally collects sales tax

Many online shoppers in the United States have for years had to pay state sales taxes whenever they buy goods from Amazon. But the Seattle e-commerce giant has dragged its feet on collecting sales taxes in small and sparsely populated states where it doesn’t have any distribution centers or corporate offices. That’s quickly changing this year. And governors and state ...

Read More »

Family producing rice ‘a little different’ from any other

By JACK WEATHERLY Broken rice is less desirable than whole. But when it’s broken intentionally it becomes something else. Grits. That’s what the Arant family of Ruleville calls it. And now a lot of other people are buying into grits as something other than corn. The fourth-generation farm has made a specialty out of it, which is catching on. And gaining praise is ...

Read More »

District at Eastover adds restaurants, retail tenants

By JACK WEATHERLY In addition to Cantina Laredo, three more retailers have been added to the list of the first retail and restaurant tenants at the District at Eastover in Jackson. Joining the gourmet Mexican restaurant will be Freshii, a purveyor of organic food specializing in wraps, with meat, if you like. John Newcomb’s second Freshii franchise comes after one ...

Read More »

Raytheon won’t try to build jet; project was to be in Meridian

Raytheon Co. said Wednesday that it and a partner are backing out of competition to build a U.S. Air Force training jet. The announcement came months after Waltham, Mass.-based Raytheon and an Italian company, Leonardo-Finmeccanica, said they intended to build 350 of the T-100 jets at an assembly plant near Meridian. Gov. Phil Bryant and other Mississippi officials had said ...

Read More »

Merchants Foodservice corporate office back operating after severe tornado damage

By BECKY GILLETTE HATTIESBURG — The Merchants Foodservice corporate office on Edwards Street was severely damaged by the EF3 tornado Jan. 21 that hit Hattiesburg. But fast action and teamwork resulted in the office being quickly relocated to the Lamar County Industrial Park in Purvis. “We never experienced any disruption in delivery,” said Joshua Wilson, marketing coordinator for Merchants Foodservice. » READ ...

Read More »

Tupelo airport to hire operations director

By DENNIS SEID / Daily Journal TUPELO – The Tupelo Regional Airport is looking to hire a director of operations, a position that has gone unfilled for about three years. On Tuesday, the Tupelo Airport Authority went into executive session to discuss a letter of investigation from the Federal Aviation Administration. While the contents of the letter were not revealed, ...

Read More »

Official: Amazon to start charging tax on Mississippi sales

Mississippi’s chief tax collector has announced that internet retailing titan Amazon will collect Mississippi’s 7 percent sales tax beginning Feb. 1. “I appreciate Amazon for voluntarily stepping forward to collect the Mississippi sales tax,” Revenue Commissioner Herb Frierson said Tuesday in a statement. “I hope that other e-retailers will follow the lead of Amazon.” Those other sellers may not have ...

Read More »